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Consolidated Statements Of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Operating revenues:      
Investment management fees $ 3,138.5 $ 2,720.9 $ 2,120.2
Service and distribution fees 780.3 645.5 412.6
Performance fees 37.9 26.1 30.0
Other 135.5 95.2 64.5
Total operating revenues 4,092.2 3,487.7 2,627.3
Operating expenses:      
Employee compensation 1,246.2 1,114.9 950.8
Third-party distribution, service and advisory 1,282.5 1,053.8 737.0
Marketing 86.0 78.5 65.3
Property, office and technology 254.6 238.4 212.3
General and administrative 295.4 262.2 166.8
Transaction and integration 29.4 150.0 10.8
Total operating expenses 3,194.1 2,897.8 2,143.0
Operating income/(loss) 898.1 589.9 484.3
Other income/(expense):      
Equity in earnings of unconsolidated affiliates 30.5 40.2 27.0
Interest and dividend income 11.0 10.4 9.8
Interest income of consolidated investment products 307.2 240.9 0
(Gains)/losses of consolidated investment products, net (138.9) 114.0 (106.9)
Interest expense (61.8) (58.6) (64.5)
Interest expense of consolidated investment products (187.0) (118.6) 0
Other gains and losses, net 49.0 15.6 7.8
Income before income taxes 908.1 833.8 357.5
Income tax provision (286.1) (197.0) (148.2)
Net income 622.0 636.8 209.3
(Gains)/losses attributable to noncontrolling interests in consolidated entities, net 107.7 (171.1) 113.2
Net income attributable to common shareholders $ 729.7 $ 465.7 $ 322.5
Earnings per share:      
- basic $ 1.58 $ 1.01 $ 0.77
- diluted $ 1.57 $ 1.01 $ 0.76
Dividends declared per share $ 0.4775 $ 0.4325 $ 0.4075